PRD Palm Beach

40-42 Palm Beach Ave, Palm Beach, QLD, 4221

07 5534 6044

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THE ULTIMATE BEACH HOUSE - OPPORTUNITY FOR DEVELOPMENT - SOUTHERN PALM BEACH

THE ULTIMATE BEACH HOUSE - OPPORTUNITY FOR DEVELOPMENT - SOUTHERN PALM BEACH

Property ID: 1066628

PALM BEACH 54 Third Avenue

Listing Rooms4
Listing Bathrooms3
Listing Parking3

For Sale AUCTION - 3rd July 11:00am

Auction date July 3, 2021 at 11 a.m.

The one you've been waiting for… Coco Beach House, one of Palm Beach's most notable holiday homes is now on the market and the keys could soon be yours.

Rarely does a block of such high calibre, in southern Palm Beach come to market. Central to… well, everything!

An easy 500m stroll with the surfboard, to the pristine shores of southern Palm Beach and a stone's throw from the suburb's best cafes, bars and eateries. Laguna Park, Balboa, The Collective and Coles Shopping Centre are all just a few minutes walk. The convenience store, bottle-shop & Third Base Cafe are only 100m away.

Not just a dreamy home, this is a block exploding with opportunity. There is no other block like it in southern Palm beach. A 602m usable plot, with dual street access to Third Avenue and Java Lane. Currently zoned residential B, there are several options that may be feasible for this site ( SUBJECT TO GCCC APPROVAL - see below dot points.) The decision is yours.

Purchase as a long term investment and reap high rental returns in the interim, while you land-bank for the future. Or perhaps build your dream home on one of the best blocks in Palm Beach.

But if it's a family home you're after, with no renovations necessary, this is the one for you. The sizable north-facing residence is in immaculate condition and welcoming of beautiful natural light and sea breeze.

Watch the kids be kids in the huge, secure backyard that could easily house a jumping castle or swimming pool, for those yearly birthday parties. Enjoy afternoons at the beach and weekend dinners out at one of Palm Beach's melting pot of restaurants.

The home is currently holiday rented, with full occupancy since Christmas.

Highlight features of the property:

• Usable 602m2 block in central, southern Palm Beach
• Beautiful and spacious two storey, modern house
• Complete dual living potential - separate access points
• Strong permanent rental of approx: $1200 per week
• Hardwood flooring, forgiving of sandy feet
• Secure electric gate to Third Avenue
• Open plan living, dining, lounge upstairs
• Dual street access, driveway on both Java Lane & Third Ave

Development Opportunities (subject to GCCC)

• Multiple Dwellings x likely 4 townhouses
• Dual Occupancy
• Existing House - add second dwelling at rear
• Keep Existing house - split and sell back block
• Home Based Business,
• Health Care Service - since on a corner,
• Rooming Accommodation,
• Community Residence.

The next owner of this property won't be letting go easily. This is a lifestyle block. Love the home as is for the moment & know you have the option to redevelop in the future.

The current owners have committed elsewhere. Don't miss this rare opportunity to capitalise on Palm Beach's superb coastal climate and the relaxed seaside lifestyle it's famous for.

The home will be sold as vacant possession, with no holiday letting commitments. Settlement period on or before 60 days.

For more information contact Daniel and Esmeralda Moloney.

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

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Open for inspection times

  • Inspection Time Icon Sunday 13/06/21 11:00AM to 11:30AM 2021-06-13 11:00:00 2021-06-13 11:30:00 Australia/Brisbane Property Inspection 54 Third Avenue, PALM BEACH, QLD

Suburb Profile

Median House Price

1030000

Suburb Growth

14%
Peak Sale Month - February
Peak Sales - 17